FE REPORT | 2024-05-10 00:00:00
Leaders of the country's textile and apparel sectors expressed concern over the central bank's recent directive not to provide gas and electricity connections to new factories outside the government-designated economic zones (EZs) and industrial areas.The banks have also been asked...
FE REPORT | 2024-05-10 00:00:00
Economists and experts have recommended discontinuing cash incentives for exports as they argued the latest big Taka devaluation effectively functions as a subsidy.At a book launch event in Dhaka on Thursday, they said the devaluation was necessary due to the...
India has expressed interest to finance Bangladesh's Teesta project, Foreign Minister Hasan Mahmud said on Thursday, reports UNB."You know, we have taken a big project on Teesta. India wants to finance this project. It will have to be implemented in...
FE REPORT | 2024-05-10 00:00:00
Food inflation in Bangladesh has spiked to 15 per cent, as per latest BIDS findings, which far overshoots government's official statistics. Director-General of the Bangladesh Institute of Development Studies (BIDS) Dr Binayak Sen Thursday made the disclosure, attributing the steep...
OUR CORRESPONDENT | 2024-05-10 00:00:00
CHATTOGRAM, May 09: A training fighter jet of the Bangladesh Air Force (BAF) crashed and fell into the Karnaphuli river, killing one of its two pilots on Thursday.A YAK130 training fighter suddenly caught fire at the rear and disintegrated as...
The national budget for fiscal year 2024-25 (FY25) is likely to be placed in the Jatiya Sangsad (JS) on June 6, reports BSS."The national budget for FY25 will be placed in Jatiya Sangsad on June 6, 2024. Finance Minister Abul...
FE REPORT | 2024-05-10 00:00:00
Bangladesh securities market's longing for blue chips may now be over as the prime minister orders the listing of state-owned enterprises (SoEs) on the country's bourses.Prime Minister Sheikh Hasina made the directive Thursday to the authorities concerned in this regard,...
FE REPORT | 2024-05-10 00:00:00
Bangladesh's business activity shrank this past April from its previous month's measure, according to a maiden multi-stakeholder parameter prepared with foreign partnerships.The private PMI or purchasing managers' index was unveiled Thursday at a function in Dhaka, where State Minister for...
FE REPORT | 2024-05-10 00:00:00
A day after the Bangladesh Bank (BB) introduced crawling peg-driven exchange rate flexibility, the price of a US dollar in the kerb market surged by Tk 7.0 to Tk 125 on Thursday.Currency traders in the open market were selling each...
Syed Badrul Ahsan | 2024-05-10 00:00:00
One more Pnochishe Baishakh has gone by. Once more we have had cause to celebrate the Bard whose poetry has lifted us all in the councils of the world, whose assertions of individual freedom have underscored his relevance in the...
The first recorded evidence of the death penalty is found in the Babylonian King Hammurabi's Code of 1800 BC. Hammurabi's law was based on 'an eye for an eye,' meaning if one kills, the killer must be killed as punishment....
Currently, Bangladesh has 31 GI products, with applications for an additional 21 products in progress. To promote GI products in the international market, it would be appropriate for the government to engage its foreign embassies in the task. I suggest...
Shiabur Rahman | 2024-05-10 00:00:00
Deputy commissioners (DCs), as the administrative representatives of the government at the district level, enjoy literally monarchic authority and privilege. They come from the middle echelon of the bureaucracy, but their authority, jurisdiction and privilege often exceed those of their...
Nilratan Halder | 2024-05-10 00:00:00
Notwithstanding amazing success in agricultural production, both food security and safety in Bangladesh are now suspect. The myth of self-sufficiency in food — actually meaning staples or more precisely rice — has got busted. Earlier there was a litany of...
One of the much talked-about mechanisms for raising NBR revenue as well as bringing a sense of rationalisation in the country's Tax-GDP ratio is the expansion of tax-net. No doubt, the low Tax-GDP ratio is an indication of the narrow...
Matiur Rahman | 2024-05-10 00:00:00
As the effects of climate change intensify, the health and safety of workers have become an important issue. Climate-related events such as high temperatures, floods, droughts, and storms adversely affect workers' health and increase risks in the workplace.The International Labor...
OUR CORRESPONDENTS | 2024-05-09 12:00:00
Boro paddy harvesting is being hampered halfway through in Magura, Rangpur, Khulna and Gaibandha districts on account of unavailability of farm labourers amid the prevailing hot weather. Our Magura Correspondent reports: An acute shortage of farm labourers and high wages...
The World Thalassemia Day was observed across the country on Wednesday, says a press release.Bangladesh Thalassaemia Samity in cooperation with the volunteers of Youth Club of Bangladesh observed the day.The organisation held programmes in different places of the country, including...
WASHINGTON, May 8 (Xinhua) : TikTok, an online video entertainment platform, and its Chinese parent company ByteDance on Tuesday filed a legal challenge against the U.S. government over a law forcing ByteDance to sell off the ultra-popular app or face...
KINGWOOD, United States, May 8 (AFP): Before a T. rex can tower over museum visitors or a Triceratops can show off its huge horns, dinosaur fossils must first be painstakingly reconstructed -- cleaned, fit together and even painted.For US restorationist...
MARSEILLE, May 08 (AFP): The Olympic flame arrives in France on Wednesday where a highly choreographed ceremony and a crowd of 150,000 people will be a first major test for organisers and security forces ahead of the 2024 Paris Games.The...
ROME, May 08 (AFP): Spanish tennis legend Rafael Nadal said on Wednesday he was "excited to be playing in Rome" despite entering the Italian Open unseeded and ranked 305."All the matches are tough for me today, difficult and more unpredictable...
Brazil's bid for the 2027 Women's World Cup was ranked higher than the bid submitted by Germany, Netherlands and Belgium in an evaluation report released by FIFA on Tuesday, AP.The FIFA Congress is set to vote for the 2027 host...
Bangladeshi International Master Mohammad Fahad Rahman beat WIM Nurman Alua of Kazakhstan in the 3rd round match of the Dubai Police Global Chess Challenge, Masters event held in Dubai, United Arab Emirates Monday night, reports UNB.In the 3rd round match,...
PARIS, May 08 (AP): Kylian Mbappé leaned forward with his head bowed and hands on his thighs.Another Champions League dream with Paris Saint-Germain was over, ruined by the ruthless efficiency of a Borussia Dortmund team that stopped him scoring in...
Bangladesh Cricket Board (BCB) on Wednesday recalled all-rounder Shakib Al Hasan and pace bowler Mustafizur Rahman for the final two Twenty20 internationals of the five-match series against Zimbabwe, reports AFP.Former captain Shakib has not played a T20 since July 2023,...
Europeans want govts to focus more oncurbing migration than climate changeCOPENHAGEN, May 08: Europeans focus more on curbing immigration than on climate change and less than 15% of those interviewed across the globe consider climate issues to be among the...
VALLETTA, May 08 (AFP): Former Maltese premier Joseph Muscat and current Deputy Prime Minister Chris Fearne are among dozens of people and companies charged in a hospital privatisation scandal rocking the Mediterranean island nation.Muscat and one of his ex-ministers, Konrad...
KYIV, May 08 (BBC): Russia has launched a "massive" early morning missile and drone attack on energy facilities across Ukraine, President Volodymyr Zelensky has said.More than 50 missiles and 20 drones were used in the attack, Mr Zelensky said in...
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